GOLD SILVER : In the morning trade both the precious metals are looking bullish for future delivery. The yellow metal gain 0.77% or 210 points at 27615.00 and the white metal gain 0.57% or 231 points at 40994.00
COTTON : The is working in a red shade in early morning. It drops around 100 points or 0.51 percent to Rs. 19380.00. The commodity takes a high of 19450.0 and low of 19360.00
TURMERIC : The ncdex turmeric is working in a downward direction for all session. Its price drop by 48 points for august at 5418, 40 points for september at 5480, 48 points for october at 5570 and 84 points or november delivery at 5630.
CRUDE OIL AND MENTHA OIL : Both the energy products crude oil and mentha oil are looking bearish today. They may slumps around 16 points and 6 points for future contract. The support and resistanxce level of the commodities are :
Crude oil R1 : 6253.3 S1 : 6168.7
Mentha oil R1 : 907.7 S1 : 886.3
INTRADAY TRADING CALLS
Gold buy target 27631/27647/27662 stop loss 27556
Cotton sell target 19350/19340/19330 stop loss 19400
FILL THE FREE TRIAL FORM TO GET MORE MCX NCDEX CALL
COTTON : The is working in a red shade in early morning. It drops around 100 points or 0.51 percent to Rs. 19380.00. The commodity takes a high of 19450.0 and low of 19360.00
TURMERIC : The ncdex turmeric is working in a downward direction for all session. Its price drop by 48 points for august at 5418, 40 points for september at 5480, 48 points for october at 5570 and 84 points or november delivery at 5630. CRUDE OIL AND MENTHA OIL : Both the energy products crude oil and mentha oil are looking bearish today. They may slumps around 16 points and 6 points for future contract. The support and resistanxce level of the commodities are :
Crude oil R1 : 6253.3 S1 : 6168.7
Mentha oil R1 : 907.7 S1 : 886.3
INTRADAY TRADING CALLS
Gold buy target 27631/27647/27662 stop loss 27556
Cotton sell target 19350/19340/19330 stop loss 19400
FILL THE FREE TRIAL FORM TO GET MORE MCX NCDEX CALL
Today’s trends for commodity
ReplyDeleteCOPPER (28 FEB.) TREND: CONSOLIDATE
RES 1: 458
RES 2: 462
SUPP 1: 450.50
SUPP 2: 447.50
STRATEGY: BUY ON DIPS
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